03:52 AM EST, 01/21/2026 (MT Newswires) -- (Updates with attribution to company statement throughout.)

Blackstone (BX) is among investors in a 175 million euro ($205.5 million) round of funding for Pennylane, the Paris-based financial software company said in a statement emailed to MT Newswires.

The funding round was led by TCV, with participation from Blackstone through funds managed by Blackstone Growth, Pennylane said.

Existing investors, including Sequoia Capital, DST Global, CapitalG, and Meritech Capital, also took part in the funding round, the company said.

Blackstone did not reply to MT Newswires' request for comment.